HomeMy WebLinkAboutCCRes_87-36No. R-87- 36
CITY OF FALCON HEIGHTS
C O U N C I L R E S O L U T I O N
Date September 23, 1987
A RESOLUTION RELATING TO AUTHORIZING THE COUNTY AUDITOR TO REDUCE THE
.DEBT LEVY BY $25,000 IN THE YEAR 1988, WHICH WAS TO BE PROVIDED FOR IN
THE GENERAL OBLIGATION TAX INCREMENT (525M) OF SEPTEMBER 1, 1983.
RESOLVED, that the Citq Council of the City of Falcon Heights has on hand
excess funds in its debt service fund in the amount of $25,000 which have
been irrevocably appropriated to reduce the debt levy for the September 1,
1983 Tax Increment Bond issue, and hereby directs the Ramsey County Auditor
to reduce the debt levy requirements in the amount of $25,000, listed on
his schedule to be provided for General Obligation Tax Increment (525M3
September 1, 1983.
.J
Moved by Councilmember Hard
Seconded by Councilmember Wallin
~ ~eas Nays
Absent Ealdwin
i~C~ieraia ~ In Favor
I~H`ard
~; Absent Chenoweth ~ Agaiast
~--Wallin
Adopted by Council September 23, 1987
Approved bye r i~C ~ ~
yor
September 23, 1987
Date
Attested b~. ~. ~
Clerk Admin.
September 23, 1987
Date